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Re: Russia Wharf
No, they would just switch all the space allocated for residential to office.
No, they would just switch all the space allocated for residential to office.
Atlantic Wharf (née Russia Wharf) | Atlantic Ave | Waterfront
Ron Newman
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Re: Russia Wharf
Where is the demand for all this additional office space, in a recession, coming from?
Where is the demand for all this additional office space, in a recession, coming from?
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Re: Russia Wharf
That's my question. At least during the next economic upturn Boston will be attractive with so much open Class A office space. The developers are hoping that by the time this space comes online the economy will be heading back up, but they need to be overly optimistic.
They are. This probably means a redesign of the floor plates.
That's my question. At least during the next economic upturn Boston will be attractive with so much open Class A office space. The developers are hoping that by the time this space comes online the economy will be heading back up, but they need to be overly optimistic.
statler said:
They are. This probably means a redesign of the floor plates.
statler
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Re: Russia Wharf
This late in the process? They have already done some substantial construction work on this.
This late in the process? They have already done some substantial construction work on this.
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Re: Russia Wharf
Maybe it isn't as drastic a change as you would imagine. I just assume they know what they are doing. Maybe it is as simple as not building a few walls.
Maybe it isn't as drastic a change as you would imagine. I just assume they know what they are doing. Maybe it is as simple as not building a few walls.
B
bosma
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Re: Russia Wharf
I know residential floor heights can be slightly lower than an office floor height, also the amont of elevator service for a residential floor would be much less than the amount of elevator service for an office floor. Can't think of any other differences.
Obviously in order to profit from a high-rise residential project the residential units would need to be high end so maybe developers are worried about both people being able to pay for high end and/or getting financing for these luxury units, but as stated above the office market is down to so its intersting what the bigger risk would be.
Russia Wharf will be OK though, if Wellington signed an 80% lease of office space (400sqft) lets say maybe $50 persq ft, thats 20 million per year so construction cost should be paid off soon, too bad Wellington didnt sign a lease with the Colombus Center.
I know residential floor heights can be slightly lower than an office floor height, also the amont of elevator service for a residential floor would be much less than the amount of elevator service for an office floor. Can't think of any other differences.
Obviously in order to profit from a high-rise residential project the residential units would need to be high end so maybe developers are worried about both people being able to pay for high end and/or getting financing for these luxury units, but as stated above the office market is down to so its intersting what the bigger risk would be.
Russia Wharf will be OK though, if Wellington signed an 80% lease of office space (400sqft) lets say maybe $50 persq ft, thats 20 million per year so construction cost should be paid off soon, too bad Wellington didnt sign a lease with the Colombus Center.
Boston02124
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Re: Russia Wharf
thanks for the pix's^ when will we see the steel above the old building?
thanks for the pix's^ when will we see the steel above the old building?
Boston02124
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Re: Russia Wharf
another old pix I've dug up.pre big dig vent
another old pix I've dug up.pre big dig vent
kennedy
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Re: Russia Wharf
With IC and when Russia Wharf is done, this vantage point will look so much better. It would look even better if there was a 1,000 footer behind it, and a 600' tower on top of that low-lying building attached to the Fed.
With IC and when Russia Wharf is done, this vantage point will look so much better. It would look even better if there was a 1,000 footer behind it, and a 600' tower on top of that low-lying building attached to the Fed.
Ron Newman
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Re: Russia Wharf
This is horrible. I still remember the last fatal construction accident, back in April 2006 at the new Emerson College dorm on Boylston.
This is horrible. I still remember the last fatal construction accident, back in April 2006 at the new Emerson College dorm on Boylston.
Re: Russia Wharf
The jobsite was shut down today after the accident. It happened in the area to the left of the Gradall, in the picture. (picture is from a week ago) I don't feel really feel comfortable going into further details.
The jobsite was shut down today after the accident. It happened in the area to the left of the Gradall, in the picture. (picture is from a week ago) I don't feel really feel comfortable going into further details.
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